Mahindra Logistics Leases 4.75 Lakh Sq Ft Space Rs 730 Mn

06 Feb 2025 CW Team

Mahindra Logistics Limited has leased 4.75 lakh sq ft of warehousing and logistics space in Khed near Pune for a rent of around Rs 730 million over five years, according to the property registration documents accessed by CRE Matrix. According to the documents, the 4.75 lakh sq ft of built-up space is located in Karanje Emerald Industrial Park in Khed, Pune.

The space was taken on rent from Karanje Emerald Logistics Park Pvt Ltd, for which the transaction was registered on January 20, 2025.

According to the documents, the security deposit for the transaction is Rs 34.5 billion, and a stamp duty of over Rs 18 lakh was paid along with a Rs 10 billion registration fee.

According to the documents, the monthly rent for the first 24 months is Rs 115 million, along with an annual escalation clause. The lock-in period for the transaction is five years.

The rent payment commencement date is April 3, 2025. While Karanji Emerald Logistics Park Pvt Ltd could not be reached for comment. Mahindra Logistics Limited (MLL) announced last year that it would invest Rs 1.7 billion in a warehousing facility in Phaltan, near Pune.

Infrastructure Urban

09 Jan 2026

Mount Invests Rs 250 Cr, Adds PUF & PEB Plants, 400+ Jobs

TUMKUR, Karnataka, January 8, 2025 - Mount Roofing & Structures Private Limited, one of India's fastest-growing manufacturers in PUF and a leading solutions provider across Pre-Engineered Building (PEB) and Polycarbonate sheets, simultaneously inaugurated its second fully automated continuous Sandwich Panel manufacturing line and a new PEB manufacturing plant at its integrated campus in Tumkur." The milestone expansion, part of a total investment of INR 250 crores, marks a significant advancement in the company's commitment to engineered performance, manu..

Titan Intech Strengthens UltraLED Push With Global LED Veteran

Titan Intech has announced the induction of global LED industry veteran Su Piow Ko to its Board of Directors, marking a strategic step in strengthening its UltraLED Displays roadmap and building globally competitive LED display solutions from India.The appointment aligns with Titan Intech’s ambition to position India as a hub for advanced, high-quality LED display manufacturing. With an increased focus on UltraLED Displays, the company aims to enhance technical governance, raise manufacturing standards and expand its presence across global markets.Su Piow Ko brings over three decades of inte..

Dun & Bradstreet Flags New Growth Engines in India 2026 Outlook

Dun & Bradstreet has released its India 2026: D&B’s Perspective report, projecting a stable macroeconomic environment underpinned by fresh opportunities for productivity-led and inclusive growth. The report outlines how India’s next growth phase will be driven by digitised logistics, trusted data ecosystems, clean energy and rising city vitality.According to the outlook, India’s GDP growth is expected to reach around 6.6 per cent by FY2027, supported by resilient consumer demand and sustained public investment. Manufacturing is seen entering a new phase, moving beyond scale towar..